CargoAdmin, Bureaucrats, Moderators (CommentStreams), fileuploaders, Interface administrators, newuser, Push subscription managers, Suppressors, Administrators
5,233
edits
Northwest Farm Credit Services: Difference between revisions
no edit summary
No edit summary |
No edit summary |
||
| (3 intermediate revisions by one other user not shown) | |||
| Line 2: | Line 2: | ||
|OrganizationName=Northwest Farm Credit Services | |OrganizationName=Northwest Farm Credit Services | ||
|OrganizationType=Co-operatives | |OrganizationType=Co-operatives | ||
|Mission=Northwest Farm Credit Services | |Mission=Northwest Farm Credit Services offers credit to farmers and rural residents to support agriculture and community growth. | ||
|ParentOrganization=Farm Credit System | |ParentOrganization=Farm Credit System | ||
|TopOrganization=Department of Agriculture | |||
|OrganizationExecutive=President and CEO | |OrganizationExecutive=President and CEO | ||
|Services=Agricultural Loans; Real Estate Loans; Leasing; Crop Insurance | |Services=Agricultural Loans; Real Estate Loans; Leasing; Crop Insurance | ||
| Line 15: | Line 16: | ||
==Mission== | ==Mission== | ||
Northwest Farm Credit Services is committed to the sustainable development of agriculture and rural America by offering financial solutions that are both innovative and accessible. Their mission includes fostering economic vitality in rural areas through responsible lending practices that cater to the unique needs of the agricultural community. | Northwest Farm Credit Services is committed to the sustainable development of agriculture and rural America by offering financial solutions that are both innovative and accessible. Their mission includes fostering economic vitality in rural areas through responsible lending practices that cater to the unique needs of the agricultural community<ref>{{cite web |url=https://www.linkedin.com/company/northwest-farm-credit-services |title=Northwest Farm Credit Services |publisher=LinkedIn |access-date=January 27, 2025}}</ref>. | ||
==Parent organization== | ==Parent organization== | ||
Northwest Farm Credit Services is a part of the Farm Credit System, which is a nationwide network of borrower-owned cooperatives providing credit and financial services to agriculture and rural residents. The Farm Credit System supports various programs including loans for land, equipment, and operations in rural communities. | Northwest Farm Credit Services is a part of the Farm Credit System, which is a nationwide network of borrower-owned cooperatives providing credit and financial services to agriculture and rural residents. The Farm Credit System supports various programs including loans for land, equipment, and operations in rural communities<ref>{{cite web |url=https://www.farmcredit.com/ |title=Farm Credit System |publisher=Farm Credit System |access-date=January 27, 2025}}</ref>. | ||
==Legislation== | ==Legislation== | ||
| Line 27: | Line 28: | ||
==Partners== | ==Partners== | ||
AgWest Farm Credit, formed from the merger of Northwest Farm Credit Services and Farm Credit West<ref>{{cite web |url=https://agwestfc.com/about/ |title=About AgWest Farm Credit |publisher=AgWest Farm Credit |access-date=January 27, 2025}}</ref>. | |||
==Number of employees== | ==Number of employees== | ||
| Line 42: | Line 43: | ||
===Divisions=== | ===Divisions=== | ||
* - Agricultural Lending for farm and ranch financing. | |||
- Agricultural Lending for farm and ranch financing. | * - Real Estate Division for rural home loans and land financing. | ||
- Real Estate Division for rural home loans and land financing. | * - Insurance and Leasing Services for additional financial support. | ||
- Insurance and Leasing Services for additional financial support. | |||
==List of programs== | ==List of programs== | ||
- Agricultural Loans for farming operations. | * - Agricultural Loans for farming operations. | ||
- Real Estate Loans for purchasing or improving agricultural properties. | * - Real Estate Loans for purchasing or improving agricultural properties. | ||
- Leasing Programs for equipment. | * - Leasing Programs for equipment. | ||
- Crop Insurance to mitigate risks. | * - Crop Insurance to mitigate risks. | ||
==Last total enacted budget== | ==Last total enacted budget== | ||
| Line 64: | Line 64: | ||
==Funding== | ==Funding== | ||
Northwest Farm Credit Services, now part of AgWest Farm Credit, is funded through operations within the Farm Credit System, involving wholesale funding from Farm Credit Banks. | Northwest Farm Credit Services, now part of AgWest Farm Credit, is funded through operations within the Farm Credit System, involving wholesale funding from Farm Credit Banks<ref>{{cite web |url=https://agwestfc.com/about/ |title=About AgWest Farm Credit |publisher=AgWest Farm Credit |access-date=January 27, 2025}}</ref>. | ||
==Services provided== | ==Services provided== | ||
Northwest Farm Credit Services provided loans, real estate financing, leasing options, and crop insurance to support farmers, ranchers, and rural homeowners, aiming to promote the economic health of rural areas in the Northwest. | Northwest Farm Credit Services provided loans, real estate financing, leasing options, and crop insurance to support farmers, ranchers, and rural homeowners, aiming to promote the economic health of rural areas in the Northwest<ref>{{cite web |url=https://www.linkedin.com/company/northwest-farm-credit-services |title=Northwest Farm Credit Services |publisher=LinkedIn |access-date=January 27, 2025}}</ref>. | ||
==Regulations overseen== | ==Regulations overseen== | ||
| Line 80: | Line 80: | ||
==History== | ==History== | ||
Northwest Farm Credit Services was a key player in supporting the agricultural sector in the Northwest until its merger with Farm Credit West in January 2023 to form AgWest Farm Credit. Originally, it was part of a network designed to provide stable financial support to agriculture, established under the Farm Credit System. | Northwest Farm Credit Services was a key player in supporting the agricultural sector in the Northwest until its merger with Farm Credit West in January 2023 to form AgWest Farm Credit. Originally, it was part of a network designed to provide stable financial support to agriculture, established under the Farm Credit System<ref>{{cite web |url=https://agwestfc.com/about/ |title=About AgWest Farm Credit |publisher=AgWest Farm Credit |access-date=January 27, 2025}}</ref>. | ||
==External links== | ==External links== | ||
| Line 91: | Line 91: | ||
<references /> | <references /> | ||